Hacker News Reader

You don't think that a public CEO's incentives should be aligned with their shareholders?

That's the only way you can have real change, instead of the moral hazard situation we have now.

It's funny how many on the right (not you, mind you!) simultaneously hold that

- the rich are sensitive to incentives, and big option packages and low taxes are required to align them with the shareholder and make them work hard enough

- the rich are not sensitive to incentives, being so rich that they do not need any extra money, therefore are basically immune to corruption and not really in need of any legal oversight

Sure, in the form of stock, incentive bonuses, etc. Not the entire salary

Why not the entire salary? If you're already worth $100m, you're working for fun and prestige not because you need cash to pay your rent.

All the famous rich ceos have tiny salaries and make their money on capital gains. It's more tax efficient to boot!

You're worth $100m and are running in a crowd of high achievers worth a lot more, suddenly it doesn't feel like very much even when all of your basic needs are more than met.

The human condition is such that we want what we don't have and we can never have enough.

Reply on news.ycombinator.com